System and method for regulatory compliance management

Abstract

A regulatory compliance management system, method, and program for regulatory compliance management are provided. A method for regulatory compliance management includes: based on an investment portfolio, tagging and searching, by a query module, regulatory and other documents; receiving, by an analysis module, the documents; based on the received documents: determining and displaying trade errors; summarizing and displaying transactions in different accounts in the investment portfolio; summarizing and displaying instances of long and short positions occurring within a same security in the investment portfolio; determining and displaying daily trading volume for a security in the investment portfolio; determining and displaying total price times quantity of transactions for specific broker dealers in the investment portfolio; determining and displaying commissions in the investment portfolio; determining and displaying population standard deviation and distance from the mean for transactions within accounts, brokerages, and securities in the investment portfolio over a selectable time period.

What is claimed is: 
     
         1 . A regulatory compliance management system, comprising:
 a user data entry device;   a display device;   a processor comprising logic to process data;   a database in communication with the processor, the database comprising regulatory and other documents;   a query module in communication with the processor and the database, the query module configured to tag and search the documents based on an investment portfolio;   an analysis module in communication with the processor and the query module, the analysis module configured to receive the documents from the query module and, based on the received documents:
 determine and display, on the display device, trade errors; 
 summarize and display, on the display device, transactions in different accounts in the investment portfolio; 
 summarize and display, on the display device, instances of long and short positions occurring within a same security in the investment portfolio; 
 determine and display, on the display device, daily trading volume for a security in the investment portfolio; 
 determine and display, on the display device, total price times quantity of transactions for specific broker dealers in the investment portfolio; 
 determine and display, on the display device, commissions in the investment portfolio; 
 determine and display, on the display device, population standard deviation and distance from the mean for transactions within accounts in the investment portfolio over a selectable time period; 
 determine and display, on the display device, population standard deviation and distance from the mean for brokerages in the investment portfolio over a selectable time period; and 
 determine and display, on the display device, population standard deviation and distance from the mean for securities in the investment portfolio over a selectable time period. 
   
     
     
         2 . The system of  claim 1 , wherein the analysis module is further configured to, based on the received documents:
 determine and display, on the display device, qualitative risk assessments and risk mapping of the individual characteristics of an investment adviser and its regulatory requirements; and   determine and display, on the display device, qualitative assessments of an investment adviser in relation to the universe of SEC registered investment advisers.   
     
     
         3 . A method for regulatory compliance management, the method comprising:
 based on an investment portfolio, tagging and searching, by a query module, regulatory and other documents, the query module being in communication with a processor and a database comprising the documents;   receiving, by an analysis module in communication with the processor and the query module, the documents from the query module;   based on the received documents:
 determining and displaying, on a display device, trade errors; 
 summarizing and displaying, on the display device, transactions in different accounts in the investment portfolio; 
 summarizing and displaying, on the display device, instances of long and short positions occurring within a same security in the investment portfolio; 
 determining and displaying, on the display device, daily trading volume for a security in the investment portfolio; 
 determining and displaying, on the display device, total price times quantity of transactions for specific broker dealers in the investment portfolio; 
 determining and displaying, on the display device, commissions in the investment portfolio; 
 determining and displaying, on the display device, population standard deviation and distance from the mean for transactions within accounts in the investment portfolio over a selectable time period; 
 determining and displaying, on the display device, population standard deviation and distance from the mean for brokerages in the investment portfolio over a selectable time period; and 
 determining and displaying, on the display device, population standard deviation and distance from the mean for securities in the investment portfolio over a selectable time period. 
   
     
     
         4 . The method of  claim 3 , further comprising, based on the received documents:
 determining and displaying, on the display device, qualitative risk assessments and risk mapping of the individual characteristics of an investment adviser and its regulatory requirements; and   determining and displaying, on the display device, qualitative assessments of an investment adviser in relation to the universe of SEC registered investment advisers.   
     
     
         5 . A non-transitory computer-readable medium including a program and a computer executable program code for a computer-implemented method for regulatory compliance management, comprising:
 based on an investment portfolio, tagging and searching, by a query module, regulatory and other documents, the query module being in communication with a processor and a database comprising the documents;   receiving, by an analysis module in communication with the processor and the query module, the documents from the query module;   based on the received documents:
 determining and displaying, on a display device, trade errors; 
 summarizing and displaying, on the display device, transactions in different accounts in the investment portfolio; 
 summarizing and displaying, on the display device, instances of long and short positions occurring within a same security in the investment portfolio; 
 determining and displaying, on the display device, daily trading volume for a security in the investment portfolio; 
 determining and displaying, on the display device, total price times quantity of transactions for specific broker dealers in the investment portfolio; 
 determining and displaying, on the display device, commissions in the investment portfolio; 
 determining and displaying, on the display device, population standard deviation and distance from the mean for transactions within accounts in the investment portfolio over a selectable time period; 
 determining and displaying, on the display device, population standard deviation and distance from the mean for brokerages in the investment portfolio over a selectable time period; and 
 determining and displaying, on the display device, population standard deviation and distance from the mean for securities in the investment portfolio over a selectable time period. 
   
     
     
         6 . The computer-readable medium of  claim 5 , further comprising, based on the received documents:
 determining and displaying, on the display device, qualitative risk assessments and risk mapping of the individual characteristics of an investment adviser and its regulatory requirements; and   determining and displaying, on the display device, qualitative assessments of an investment adviser in relation to the universe of SEC registered investment advisers.